Anonymous
28 June 2014 at 11:57

Tds on property

What if buyer purchase Property before 1 June 2013. and make payment after 1 june 2013, is buyer require TDS @ 1% ??



Anonymous
28 June 2014 at 11:45

Form no 58a

Dear Experts,
A salaried person donating a sum of Rs.6000/- to a firm, (Named-SOS Children's Villages india)& received Form No 58A certificate fomr them, & in that letter it mentioned that this amount of donation under 35AC of Income Tax Act.
Kindly suggest if he claim the exemption for the same, & if Yes then is it 100% amount or 50% or how much????

Thanks
Tarun Sharma



Anonymous
28 June 2014 at 11:34

Tds how much deduct.

company has received following invoice from its contractor.

Material =2,00,000
VAT @5% = 20,000
Labour charges =50,000
ST @ 12.36% =6180
Total Amount =2,76,180

How much TDS would be deducted as per section 194 C.
Service provider is company.
if tds on material is not deducted then please refer section or subsection under section 194 C.



Anonymous
28 June 2014 at 11:12

Tds u/s 195

Dear Sir/Madam

X(Indian) Co., is Paying Rs.700 to Y(Foreign) Co.,My Queries are
i)X has to deduct any TDS or Not?
ii) what is the Limit for Deducting TDS U/S 195


Rohit

whether there is any restriction under new companies act 2013 to accept money by way of loan (whether secured or unsecured) from relative under private company and also public company...


Thanks



kiran
28 June 2014 at 11:02

Query on tds

GOOD MORNING
MY QUERY IS IN ONE OF MY FRIEND COMPANY THEY MAKE PAYMENT OF TDS BY 7TH IN HDFC BANK . BUT PROBLEM IS THEY PAID FOR TDS ON CONTRACTOR FOR NON COMPANYIES THEY PAID AS TDS ON CONTRACTOR FOR COMPANIES AMOUNTING TO RS.80000/-. IN THIS CASE I WANTED TO KNOW IF THIS AMOUNT ADJUSTED IN THE TDS RETURN OR WE HAVE PAY THE SAME TDS AMOUNT UNDER TDS ON CONTRACTOR FOR NON COMPANIES.


jatin

i have transport buisiness 2 light good vehicle one in my name and other in my uncle firm name and on instalment which i pay in cash i want to know how the net taxable income is calculated or what is minimum income thai is to be declared for income tax talking into account all deductions(e.m.i maintainance,depriciation,fuel cost,driver salary and others)

and also do i need to maintain record of expenses like maintainance cost,fuel amount or we can trake it as random )



Anonymous
28 June 2014 at 10:50

Advance tax

ON WHAT BASIS ADVANCE TAX IS TO BE PAID


RAJEEV
28 June 2014 at 10:43

Form 15 g

form 15 G can be submitted into the bank but what are the conditions under which it can be submitted.....


Amogha k Gowda
28 June 2014 at 10:40

Marginal relief

Dear Sir

Can you please help me out weather Marginal Relief is applicable to Individual Assessee


Thank You






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